Anand Mahindra, chairman, Tech Mahindra, said: "Tech Mahindra has had another outstanding year of growth. This has been achieved through a single-minded focus on meeting customer requirements."
At the end of Q4FY07, the company derived 18%, 73% and 9% of its revenues from the US, Europe and rest of the world, respectively. The number of clients increased to 83 in FY07 from 62 in FY06.
The company's top client contributed 67% to the revenue. Its top five clients contributed 83% whereas the top 10 generated 89% to the revenue.
Last financial year, Tech Mahindra entered into a joint venture with Motorola known as CanvasM to deliver targeted solutions in the from of value-added services. It also acquired iPolicy Networks (a network security company) and signed a 5-year, $1 billion deal with the BT group.